HEADLINES: There are three major stories this week, with the RCEP free trade agreement being ratified, ushering in the world's largest free trade bloc. That activates on January 1st 2021 - just seven weeks from now, and includes all ten ASEAN nations, China, Japan, South Korea, Australia and New Zealand. It already contributes to 30% of global GDP and will be a global economic driver. We explain the details.
Secondly, we provide details of how international businesses can sell online to Indian consumers - a middle class market of some 450 million. Finally we note business incentives announced by several ASEAN nations competing to attract foreign investment.
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